Active

265 Coming Street

Charleston, SC 29403
Mark as Favorite
Bed 8

Bed

Bath 6.5

Bath

SqFt3,300

Sqft

Acres0.11

Acre(Lot)

Welcome to 265 Coming Street, a rare, turnkey investment opportunity in the heart of Downtown Charleston, featuring two newly built, architecturally refined luxury residences with long-term, secured income already in place.Both homes are fully leased from 2024 through May 2027, generating $15,700 per month and $188,400 in annual gross income, with zero vacancy since construction. Unit A is leased at $7,600 per month and Unit B at $8,100 per month, and each lease includes built-in annual rent increases of $100 per bedroom. This escalated structure results in projected income of $16,500 per month and $198,000 annually for 2026, providing immediate cash flow with predictable growth. All tenants have renewed through the full multi-year lease period, offering exceptional income stability rarely found in Downtown Charleston. Constructed in 2024 by Old City Builders, one of Charleston's most respected high-end historic builders, the property blends enduring craftsmanship with modern efficiency. Designed to complement the surrounding historic fabric, both residences reflect a commitment to longevity, quality construction, and thoughtful architectural detail. Interior designer, Studio Maman Interiors, brings a refined, architectural sensibility to both homes. Her curated material selections, balanced palette, and attention to scale elevate the interiors to a level more commonly associated with primary residences or luxury short-term rentalssetting these homes apart within the student rental market. Situated on an X Flood Zone lot (no flood insurance required), the property consists of two separate single-family detached structures, each rising three stories and offering dedicated off-street parking. Zoned DR-2F, the site benefits from efficient land use, modern systems, and long-term flexibility. Together, the residences total over 3,300 square feet and include eight bedrooms, seven full bathrooms, two half bathrooms, and four off-street parking spaces. Each home offers a thoughtfully designed layout that balances open living areas with private bedroom suites, creating a highly functional and durable living environment well-suited for long-term tenancy. 265 Coming Street represents a rare convergence of secure income, modern construction, architectural integrity, and design-forward execution. With long-term leases already in place through 2027, annual rent escalations, and a proven history of zero vacancy, this property offers a compelling opportunity for investors seeking a stabilized, low-maintenance asset in one of Charleston's most desirable urban corridors.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $3,225,000

AD Id : 71015668

MLS Id : 25032458

Beds : 8

Lot Size : 0.11 Acre

Living Area Size : 3,300

Year Built : 2023

County : Charleston

Subdivision: Elliotborough

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Full Baths: 6 Half Baths: 2

    Room Information

    Total Bedroom: 8 Window Feature: Window Treatments - Some
  • Flooring Information

    Wood
  • Roofing Information

    Metal
  • Interior Features

    High Ceilings, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Formal Living, Living/Dining Combo Roof: Metal
  • Heating & Cooling

    Heating: Heat Pump Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2023 Construction Materials: Wood Siding
  • Exterior Features

    Foundation Details: Crawl Space
    Porch: Porch - Full Front

  • Lot Information

    Lot Description: High, Level Lot Size Area: 0.11 Lot Size Units: Acres Lot Square Feet: 4,792 Lot Acres: 0.11 Stories: 3 Main Square Feet: 0.11

    Property Information

    Property Type: Residential Sub Type: Single Family DetachedStyle: Traditional Subdivision: Elliotborough

  • Parking Information

    Off Street

  • Elementary School: Mitchell
    Junior High School: James Simons
    Senior High School: Burke
  • Utility Information

    Charleston Water Service, Dominion Energy
  • Location Information

    Direction: From I-26, Take Exit 221b Toward Meeting Street/visitors Center. Merge Onto Meeting Street And Continue For About A Mile. Turn Right Onto Line Street, Then Left Onto Coming Street. Continue A Few Blocks And 265 Coming Street Will Be On Your Right In The Heart Of Downtown Charleston.
Sell a home like this and save $193,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
69 Washington Street, Charleston, SC, 29403 $899,000 5 3 2,423 2,423 SqFt
3 Elizabeth Street, Charleston, SC, 29403 $975,000 4 2 2,216 2,216 SqFt
2 Henrietta Street, Charleston, SC, 29403 $1,495,000 3 3.5 1,914 1,914 SqFt
41 Chapel Street, Charleston, SC, 29403 $1,995,000 4 2.5 2,400 2,400 SqFt
44 Charlotte Street #D, Charleston, SC, 29403 $975,000 2 1.5 1,238 1,238 SqFt
645 E Bay Street, Charleston, SC, 29403 $1,395,000 -- -- --
47 Drake Street, Charleston, SC, 29403 $625,000 3 2 1,150 1,150 SqFt
15 Judith Street #E, Charleston, SC, 29403 $1,185,000 2 3.5 1,680 1,680 SqFt
16 Amherst Street, Charleston, SC, 29403 $785,000 3 3 1,190 1,190 SqFt
Street, Charleston, SC, 29403 $1,145,000 6 4.0 1,956 1,956 SqFt

Copyright © 2026 by the Multiple Listing Service of the Charleston Trident Association of Realtors® (CTAR). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Charleston Trident Association of Realtors® (CTAR). Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/10/2026 @ 21:17

MLS: 25032458 LISTED BY: Marjorie Corbin, EXP Realty LLC SOURCE: CHS Regional MLS

Selling? Save $193,001 when you sell a home like this

Tour with a ByOwner Agent